Friday 01/12/23

In MACRO, MARKETS & OIL NEWS, Eurozone inflation falls, France and Germany suffer, global stocks have a strong month and OPEC+ cuts production. In TECH NEWS, Microsoft commits to the UK and gets a seat on OpenAI's board, PwC pitches a deal chatbot, retailers use AI for inventory and there's more drama at Twitter. In FINANCIALS NEWS, Metro Bank cuts 20% of staff, Lloyds Bank is set to close more branches whilst being in the running to buy Tesco Bank and Robinhood takes aim at the UK once more. In MISCELLANEOUS NEWS, Tesla's strike stance grates with European ideals, the Cybertruck is finally ready to deliver Ford cuts profit forecasts, AbbVie is to buy ImmunoGen and the North East gets closer to developing mini-nukes. AND FINALLY, I bring you a bit of music to end the week...


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